(TheNewswire)
Vancouver, British Columbia - TheNewswire - June 14, 2021 - Arizona Silver ExplorationInc. (TSXV: AZS ) ( OTC:AZASF ) wishes to report additional drill results fromcore drilling completed in April 2021 on the Main Claim of thePhiladelphia vein at the Company's Philadelphia gold-silver projectlocated in Mohave County, Arizona.
Results from the next five holes on the Main Claim areshown in the table below.
PC21-60 and PC21-64 through PC21-67Results | |||||
Hole ID | From | To | Feet | Au gpt | Ag gpt |
PC21-60 | 2.8 | 6.5 | 3.7 | 6.79 | 258.0 |
PC21-60 | 6.5 | 10.0 | 3.5 | 0.72 | 70 |
PC21-60 | 10.0 | 12.8 | 2.8 | 0.18 | 37.9 |
PC21-60 | 12.8 | 14.6 | 1.8 | 0.07 | 19.2 |
PC21-60 | 14.6 | 18.3 | 3.7 | 0.32 | 39.3 |
PC21-60 | 18.3 | 23.0 | 4.7 | 0.19 | 9.2 |
Total | 2.8 | 23.0 | 20.2 | 1.50 | 75.7 |
PC21-64 | 43.0 | 46.0 | 3.0 | 1.09 | 14.4 |
PC21-64 | 46.0 | 49.0 | 3.0 | 0.18 | 57.5 |
PC21-64 | 49.0 | 52.0 | 3.0 | 0.18 | 8.6 |
PC21-64 | 52.0 | 54.7 | 2.7 | 0.05 | 8.3 |
PC21-64 | 54.7 | 57.0 | 2.3 | 0.09 | 21.2 |
PC21-64 | 57.0 | 60.5 | 3.5 | 0.03 | 10.3 |
PC21-64 | 60.5 | 65.0 | 4.5 | 0.15 | 11.9 |
Total | 43.0 | 65.0 | 22.0 | 0.86 | 18.3 |
PC21-65 | 11.2 | 16.3 | 5.1 | 0.15 | 39.2 |
PC21-66 | 11.0 | 18.0 | 7.0 | 0.33 | 18.1 |
PC21-67 | 6.0 | 11.5 | 5.5 | 0.64 | 18.6 |
PC21-67 | 11.5 | 17.2 | 5.7 | 0.32 | 17.6 |
PC21-67 | 17.2 | 20.2 | 3.0 | 0.31 | 18.8 |
PC21-67 | 20.2 | 25.5 | 5.3 | 0.32 | 10.5 |
PC21-67 | 25.5 | 29.0 | 3.5 | 0.78 | 47.5 |
PC21-67 | 29.0 | 34.0 | 5.0 | 0.17 | 17.7 |
PC21-67 | 34.0 | 39.0 | 5.0 | 0.62 | 45.8 |
PC21-67 | 39.0 | 44.0 | 5.0 | 0.16 | 19.9 |
Total | 6.0 | 44.0 | 38.0 | 0.73 | 23.6 |
All reported intercepts are approximate true widths.
These intercepts represent the up-dip portion of the main vein nearthe surface at Philadelphia. Deeper drilling is required to test thedown-dip portions of the veins intercepted to date, but this requiresadditional road work and permitting. Meanwhile drilling has shifted tothe vein exposed on the Perry vein as reported in our recent pressrelease dated June 07, 2021.
Results from the 3 core holes and 15 RC holes drilled on the PerryClaim of the Philadelphia Project are pending. Drill samples fromthe RC drilling campaign on the vein at the Perry claim have beensubmitted to ALS Global’s sample preparation facility in Tucson,Arizona.
QA/QC Program
All assaying was conducted by ALS Global, an independent analyticallaboratory. Core boxes and RC cuttings were delivered to the ALSsample preparation facility in Tucson, Arizona, where the core iscatalogued, photographed, sawed, and crushed and pulverized. Pulverized splits are sent to the ALS analytical facility inVancouver, British Columbia for analyses. All material handling isdone under a strict chain of custody protocol. Gold is determined byfire assay with an AA finish and silver is determined by ICP-MSmethods within a 31-element suite.
The Company maintains its own program of inserting Standard Referencematerial in the form of standards and blanks to the sampling stream,prior to being shipped to ALS's preparation facility in Tucson,Arizona, in addition to the independent QA/QC protocols of ALS Global.
QualifiedPerson
Gregory Hahn, VP-Exploration and a Certified Professional Geologist(#7122) is a Qualified Person under National Instrument 43-101("NI 43-101") and has reviewed and approved the technicalinformation contained in this news release.
About Arizona Silver ExplorationInc.
Arizona Silver is a young exploration company focusedon exploring underexplored gold-silver properties in western Arizonaand now Nevada. The Company plans to continue to drill test the RamseySilver Mine property located a short distance east of Quartzsite,Arizona as time allows. The Company has recently received a positiveRecord of Decision on its Notice of Intent to drill an initial eightexploration holes on its recently acquired Silverton gold-silverproperty with carlin-type targets. Drilling there will be scheduled astime and equipment allow.
Please refer to our web site for all news and updatedproperty information.
www.arizonasilverexploration.com
On behalf of the Board of Directors:
ARIZONA SILVER EXPLORATIONINC.
Mike Stark, President and CEO,Director
Phone: (604) 833-4278
Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release.
CAUTION CONCERNING FORWARD-LOOKINGSTATEMENTS
This news release includes certain forward-lookingstatements or information. All statements other than statements ofhistorical fact included in this release are forward-lookingstatements that involve various risks and uncertainties.Forward-looking statements in this news release include statements inrelation to the timing, cost and other aspects of the 2020-2021exploration program; the potential for development of the mineralresources; the potential mineralization and geological merits of theexploration properties; and other future plans, objectives orexpectations of the Company. There can be no assurance that suchstatements will prove to be accurate and actual results and futureevents could differ materially from those anticipated in suchstatements. Important factors that could cause actual results todiffer materially from the Company's plans or expectations include therisk that actual results of current and planned explorationactivities, including the results of the Company's 2021 drillingprogram(s) on its properties, will not be consistent with theCompany's expectations; the geology, grade and continuity of anymineral deposits and the risk of unexpected variations in mineralresources, grade and/or recovery rates; fluctuating metals prices;possibility of accidents, equipment breakdowns and delays duringexploration; exploration cost overruns or unanticipated costs andexpenses; uncertainties involved in the interpretation of drillingresults and geological tests; availability of capital and financing required to continue the Company's futureexploration programs and preparation of geological reports andstudies; delays in the preparation of geological reports and studies;the metallurgical characteristics of mineralization contained withinthe exploration properties are yet to be fully determined; generaleconomic, market or business conditions; competition and loss of keyemployees; regulatory changes and restrictions including in relationto required permits for exploration activities (including drillingpermits) and environmental liability; timeliness of government orregulatory approvals; and other risks detailed herein and from time totime in the filings made by the Company with securities regulators. Inconnection with the forward-looking information contained in this newsrelease, the Company has made numerous assumptions, including that theCompany's 2021 programs would proceed as planned and within budget.The Company expressly disclaims any intention or obligation to updateor revise any forward-looking statements whether as a result of newinformation, future events or otherwise, except as otherwise requiredby applicable securities legislation.
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